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What is the average amount of money that someone on welfare recieves

 
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What is the average amount of money that someone on welfare recieves?
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    Q. If nominal gdp is 600 billion and on the average each dollar is spent three times per year then the amount of money demanded for transactions purposes?


    200 Billion

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    Q. If nominal gdp is 600 billion and on the average each dollar is spent three times per year then the amount of money demanded for transactions purposes?


    "Then the amount of money demanded for transactions purposes will be:..."



    I have the same question if someone would like to help answer and explain. If nominal GDP is $600 billion and, on the average, each dollar is spent three times per year, then the amount of money demanded for transactions purposes will be:

    This answer closely relates to:
    • Average amount of welfare money that a household recieves
      • If nominal gdp is 600 billion and on the average each dollar is spent 3 times a year then the amount of money demanded for transactions purposes w?
      • If nominal gdp is 600 billion on the average each dollar is spent three time per year then the amount of money demanded for transactions purposes wil?

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